The earnings call reflects a strong performance with record backlog and revenue growth, driven by strategic positioning and government support. Although there were industrial maintenance deferrals impacting short-term revenue, the overall outlook remains positive due to a strong balance sheet and continued demand in target sectors.

Company Guidance -

Q2 2025

During Bird Construction's first quarter 2025 results call, CEO Teri McKibbon highlighted several key metrics reflecting the company's robust performance and strategic direction. Bird achieved record backlog levels, reaching $4.3 billion, alongside revenue growth of 4.3% to $717.6 million compared to the previous year. The company's adjusted EBITDA margin expanded to 4.8% for the quarter, with a trailing 12-month EBITDA margin of 6.5%, moving closer to the 2027 target of 8%. Bird added $1.3 billion to its backlog in Q1, exceeding work executed by 85%. The company also reported strong liquidity, maintaining $137.8 million in cash and access to $336.7 million under its credit facility. Bird's strategic focus on margin-accretive sectors, disciplined project selection, and enhanced self-performance capabilities is expected to drive further growth. Despite some industrial maintenance deferrals impacting revenue timing, the outlook remains optimistic, buoyed by a robust bidding pipeline and favorable market conditions across infrastructure, energy, and industrial sectors.

Record Backlog

Bird Construction's backlog reached a record level of $4.3 billion at the end of the quarter, with $1.3 billion added in Q1, exceeding work executed by 85%.

Revenue and Margin Growth

Construction revenue increased by 4.3% year-over-year to $717.6 million, and the adjusted EBITDA margin improved to 4.8% from 3.5% in Q1 2024, representing an increase of 41%.

Strong Balance Sheet

Bird's liquidity position remains strong with $137.8 million of cash and cash equivalents and $336.7 million available under the company's credit facility.

Strategic Positioning and Government Support

Bird is well-positioned to benefit from government commitments to position Canada as a global energy superpower, with significant opportunities in energy, mining, and transportation sectors.

Successful Project Awards

Bird secured multiple new projects, including a highway improvement project, a transit hub, and various industrial contracts, highlighting demand across target sectors.

Bird Construction (TSE:BDT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:BDT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 13, 2025	2025 (Q2)	0.51 / -	0.42	―	―	―
May 14, 2025	2025 (Q1)	0.19 / 0.23	0.2	15.00% (+0.03)	―	―
Mar 12, 2025	2024 (Q4)	0.68 / 0.67	0.45	48.89% (+0.22)	―	―
Nov 05, 2024	2024 (Q3)	0.69 / 0.69	0.54	27.78% (+0.15)	―	―
Aug 07, 2024	2024 (Q2)	0.38 / 0.42	0.29	44.83% (+0.13)	―	―
May 14, 2024	2024 (Q1)	0.17 / 0.20	0.1	100.00% (+0.10)	―	―
Mar 05, 2024	2023 (Q4)	0.40 / 0.45	0.28	60.71% (+0.17)	―	―
Nov 07, 2023	2023 (Q3)	0.42 / 0.54	0.27	100.00% (+0.27)	―	―
Aug 09, 2023	2023 (Q2)	0.22 / 0.29	0.26	11.54% (+0.03)	―	―
May 09, 2023	2023 (Q1)	0.08 / 0.10	0.12	-16.67% (-0.02)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:BDT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 14, 2025	C$25.85	C$24.89	-3.71%
Mar 12, 2025	C$20.88	C$20.19	-3.30%
Nov 05, 2024	C$30.39	C$27.72	-8.79%
Aug 07, 2024	C$21.82	C$22.93	+5.09%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Bird Construction (TSE:BDT) report earnings?

Bird Construction (TSE:BDT) is schdueled to report earning on Aug 13, 2025, After Close (Confirmed).

What is Bird Construction (TSE:BDT) earnings time?

Bird Construction (TSE:BDT) earnings time is at Aug 13, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:BDT EPS forecast?

TSE:BDT EPS forecast for the fiscal quarter 2025 (Q2) is 0.51.

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